Ethos Reserve Note ERN

What ERN actually is on-chain

Ethos Reserve Note is an ERC-20 deployed on Optimism, at contract address 0xc5b001dc33727f8f26880b184090d3e252470d45. That address, not the ticker ERN, is what uniquely identifies this asset: anyone can deploy a second token calling itself ERN, but the contract is unforgeable. Verify it against optimistic.etherscan.io before sending funds or approving a spend.

Because it lives on Optimism, ERN is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in ERN itself, and secondary liquidity sits in Velodrome and Uniswap pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker ERN: Ethernity Chain (Ethereum, 0xbbc2…3505). The asset on this page is specifically the Optimism deployment at 0xc5b0…0d45. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For ERN the project publishes an active account as @EthosReserve. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where ERN sits in the market

Ethos Reserve Note ranks #2365, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live ERN order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. ERN is a Optimism asset, so whatever turnover exists is most likely in Velodrome and Uniswap pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

ERN against its all-time high

Ethos Reserve Note's record high is $1.12, set on 2023-04-18. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 4 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live ERN price — a stale or single-pool number would make that percentage look precise when it is not.

ERN across its historical range

The recorded range is comparatively narrow: 1.36x between $0.8208 and $1.12. Either the price history is short, or the asset is designed not to move.

The record low of $0.8208 was printed on 2025-11-04 — about a year ago. We have no live quote to measure the current distance from it.

ERN supply and valuation data

Supply figures for ERN are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $2.0 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one optimistic.etherscan.io reports for this contract.

What kind of asset ERN is

Ethos Reserve Note trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files ERN under 9 categories, including BNB Chain Ecosystem, Avalanche Ecosystem, Polygon Ecosystem, Fantom Ecosystem, Arbitrum Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Avalanche (256 tracked tokens), Polygon (531 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Ethos Reserve Note alert that is worth receiving

Ethos Reserve Note is the ERC-20 at 0xc5b0…0d45 on Optimism — high dated 2023-04-18 — rank #2365. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →